With the latest accession of six prospective members, the total number of AIIB members has expanded to 93. This is a remarkable result for a 3-year-old multilateral cooperation agency, which is the first to be set up under the leadership of developing countries.
The first China International Import Expo (CIIE) kicked off on November 5 in Shanghai with a keynote speech from Chinese President Xi Jinping at the opening ceremony. Xi’s speech conveyed an important and inspiring message to the world: China remains steadfastly committed to expanding its opening up.
The partial shutdown of the U.S. federal government is set to stretch past Christmas, as the Senate adjourned on Saturday for a holiday, with no deal in sight to end the impasse over funding Trump's U.S.-Mexico border wall. Most critical national security functions remain operational, but some 800,000 federal employees are impacted.
The US-China technology war hype started after the ZTE case came to surface. There has been no doubt that US intention of starting trade war is beyond trade frictions. It means China has to prepare for more US hostilities.
With 2018 drawing to a close, it is time to review the many ups and downs that occurred in the international community. Among others, the U.S.-EU relations have been thrown into the spotlight, making the world wonder if the good old alliance is on the brink of breaking. In this article for CGTN, William Jones, the Washington bureau chief for the Executive Intelligence Review, and non-resident senior fellow of Chongyang Institute for Financial Studies at Renmin University of China, shares his insights.
The mainland financial markets have responded calmly to the US Federal Reserve's overnight decision to raise its benchmark interest rates. Fluctuations in the range of the yuan's exchange rate against the US dollar were limited.
There are many miracles in the world and in the process of human civilization. But the rise of China is, among them, the greatest. In just 40 years, China accomplished the most marvelous spectacle in human development, achieving huge societal progress and lifting the living standards of billions of people.
The success of Chinese telecom giant Huawei is an epitome of China's 40 years of reform and opening-up, without which the company wouldn't be what it is today. This is something we should be mindful of when the company is in the crosshairs of the US and some of its allies.
There are many miracles in the world and in the process of human civilization. But the rise of China is, among them, the greatest. In just 40 years, China accomplished the most marvelous spectacle in human development, achieving huge societal progress and lifting the living standards of billions of people.
The success of Chinese telecom giant Huawei is an epitome of China's 40 years of reform and opening-up, without which the company wouldn't be what it is today. This is something we should be mindful of when the company is in the crosshairs of the US and some of its allies.
With the first pile driven into the foundation in Shanghai, Baosteel broke ground on Dec. 23, 1978, just one day after the Communist Party of China (CPC) closed its epoch-making meeting that ushered in the era of reform and opening-up.
As globalization goes deeper, economic and trade ties between China and most other countries in the world have seen rapid growth. In this new era of high interconnectivity and win-win cooperation, China has learned from the development experience of countries worldwide with a humble attitude and honest diligence to form its unique "socialism with Chinese characteristics" development model. In this process, China borrowed experience from the world's most developed countries and set foot on a development path that was suited to its own situation. This model has powered the economic take-off and soaring growth of China.
From East to West the Silk Road is rising up once more. It traverses countries between China and the Mediterranean. These lands have always been of pivotal importance in global history in one way or another linking East and West, serving as a melting pot where ideas, customs and languages have jostled with each other from antiquity to modern day.
December 13 marks Nanjing Massacre Memorial Day. It has been 81 years since the tragedy happened. Though there are fewer and fewer witnesses who are able to take part in the commemoration as time goes by, discussions about this tragedy shall never stop.
December 13 marks Nanjing Massacre Memorial Day. It has been 81 years since the tragedy happened. Though there are fewer and fewer witnesses who are able to take part in the commemoration as time goes by, discussions about this tragedy shall never stop.
The US and China decided to control the opioid fentanyl in an agreement reached in Argentina couple of days ago. President Xi Jinping has agreed to designate fentanyl as a controlled substance "in a wonderful humanitarian gesture," meaning that people smuggling it into the US will be subject to "China's maximum penalty under the law."
On Monday, Japan decided to exclude Chinese telecoms giants Huawei Technologies and ZTE from the government procurement list. Since the Donald Trump administration signed the National Defense Authorization Act in August this year banning the U.S. government and contractors from using Huawei technology, there had been rumors that Japan would follow suit.
Greek businessmen and Chinese scholars voiced confidence in the prospects of Sino-Greek cooperation in the context of the Belt and Road Initiative during a forum held on Monday at Piraeus port, Greece's largest harbor which in recent years has become a strong symbol of win-win bilateral cooperation between the two countries.
It is undeniable that China has made great achievements and contribution to the 2019 G20 leader’s summit in Buenos Aires, Argentina. The most important one is the successful meeting between the Chinese and US leaders, which has attracted much attention, and the two sides reached a consensus to stop imposing new tariffs. It shows that the decision makers of the two countries are solving this problem in a rational and objective way.
From November 30 to December 1, the 13th summit of the Group of 20 (G20) was held in Buenos Aires, capital of Argentina. The event took place at a crucial moment for the G20 nations to steer the world economy and improve global governance. In his speech at the first session of the summit, Chinese President Xi Jinping noted that “over the past decade, we have braced difficulties together, navigated the global economy out of recession and brought it back to the track of recovery and growth. Ten years later, let us work with the same courage and strategic vision and ensure that the global economy grows on the right track.”